MSCI China Energy Index (CNY) (PRICE)

MSCI China Energy Index (CNY)

The MSCI China Energy Index captures large and mid cap representation across China H shares, B shares, Red chips and P chips. Currently, the index also includes Large Cap A shares represented at 10% of their free float adjusted market capitalization. All securities in the index are classified in the Energy sector as per the Global Industry Classification Standard (GICS®).

CUMULATIVE INDEX PERFORMANCE — PRICE RETURNS (CNY) ANNUAL PERFORMANCE (%) (AUG 2006 – AUG 2021) Year MSCI China Energy MSCI China

MSCI China Energy 2020 -36.83 19.53 300 MSCI China 2019 -2.82 22.70 2018 2.47 -16.11 2017 5.44 41.59 2016 24.49 5.49 2015 -29.24 -5.84 204.82 200 2014 -12.32 7.25 2013 -19.85 -2.44 2012 12.25 17.77 2011 -17.16 -23.91 2010 14.98 -1.24 100 2009 73.54 58.90 69.77 2008 -59.31 -55.11 50 2007 50.38 52.63 Aug 06 Nov 07 Feb 09 May 10 Aug 11 Nov 12 Feb 14 May 15 Aug 16 Nov 17 Feb 19 May 20 Aug 21

INDEX PERFORMANCE — PRICE RETURNS (%) (AUG 31, 2021) FUNDAMENTALS (AUG 31, 2021) ANNUALIZED Since 1 Mo 3 Mo 1 Yr YTD 3 Yr 5 Yr 10 Yr May 31, 2000 Div Yld (%) P/E P/E Fwd P/BV

MSCI China Energy 11.49 3.63 6.25 20.19 -14.76 -2.98 -6.64 5.13 7.86 8.25 7.04 0.60

MSCI China 0.04 -13.13 -11.71 -14.29 3.50 8.10 4.89 4.44 1.61 15.47 13.57 1.91

INDEX RISK AND RETURN CHARACTERISTICS (AUG 31, 2021) ANNUALIZED STD DEV (%) 2 MAXIMUM DRAWDOWN Turnover (%) 1 3 Yr 5 Yr 10 Yr (%) Period YYYY-MM-DD

MSCI China Energy 7.07 23.55 20.72 22.79 79.62 2007-11-01—2008-10-27

MSCI China 8.79 18.92 16.47 19.38 76.03 2007-10-30—2008-10-27

1 Last 12 months 2 Based on monthly price returns data

The China mainland equity market is comprised of A, B, H, Red chip and P chip share classes. A shares are incorporated in China and trade on the Shanghai and Shenzhen exchanges; they are quoted in local renminbi and entail foreign investment regulations (QFII). B shares are incorporated in China, and trade on the Shanghai and Shenzhen exchanges; they are quoted in foreign currencies (Shanghai USD, Shenzhen HKD) and are open to foreign investors. H shares are incorporated in China and trade on the Hong Kong exchange and other foreign exchanges. Red chips and P chips are incorporated outside of China and trade on the Hong Kong exchange. Red chips are usually controlled by the state or a province or municipality. P chips are Non state-owned Chinese companies incorporated outside the mainland and traded in Hong Kong. A shares are included starting from June 1, 2018. Currently, only Large Cap A shares are included and are represented at 10% of their free ﬂoat adjusted market capitalization The MSCI China Energy Index was launched on Sep 15, 1999. Data prior to the launch date is back-tested data (i.e. calculations of how the index might have performed over that time period had the index existed). There are frequently material differences between back-tested performance and actual results. Past performance -- whether actual or back-tested -- is no indication or guarantee of future performance.

MSCI China Energy Index (CNY) | msci.com AUG 31, 2021

INDEX CHARACTERISTICS TOP 10 CONSTITUENTS MSCI China Energy Float Adj Mkt Cap Index Number of 18 ( CNY Billions) Wt. (%) CHINA PETRO & CHEM H 75.94 28.69 Constituents Mkt Cap ( CNY Millions) PETROCHINA CO H 59.79 22.59 Index 264,638.07 CHINA SHENHUA ENERGY H 48.63 18.38 Largest 75,936.38 YANZHOU COAL MINING H 17.15 6.48 CHINA OILFIELD SVCS H 10.23 3.87 Smallest 1,104.32 SHAANXI COAL IND A(HK-C) 8.24 3.11 Average 14,702.11 CHINA PETRO & CH A(HK-C) 8.16 3.08

Median 5,105.97 CHINA SHENHUA A (HK-C) 7.93 3.00 PETROCHINA CO A (HK-C) 6.41 2.42 YANZHOU COAL A (HK-C) 3.80 1.44 Total 246.29 93.07

SUB-INDUSTRY WEIGHTS

35.91%

3.87%

1.26%

1.21%

57.75%

Integrated Oil & Gas 57.75% Coal & Consumable Fuels 35.91%

Oil & Gas Drilling 3.87% Oil & Gas Equipment & Services 1.26%

Oil & Gas Storage & Transportation 1.21%

INDEX METHODOLOGY The index is based on the MSCI Global Investable Market Indexes (GIMI) Methodology—a comprehensive and consistent approach to index construction that allows for meaningful global views and cross regional comparisons across all market capitalization size, sector and style segments and combinations. This methodology aims to provide exhaustive coverage of the relevant investment opportunity set with a strong emphasis on index liquidity, investability and replicability. The index is reviewed quarterly—in February, May, August and November—with the objective of reﬂecting change in the underlying equitymarkets in a timely manner, while limiting undue index turnover. During the May and November semi-annual index reviews, the index is rebalanced and the large and mid capitalization cutoff points are recalculated.

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MSCI China Energy Index (CNY) | msci.com